Reading: VirWoX – Bitcoin Wiki
How to buy bitcoins
technically, VirWoX merely supports the exchange BTC for Linden Dollars. however, you can first buy Linden Dollars for real-world currentness, and then buy BTC for your Linden Dollars. It is not necessary to open a second base Life account to do this. After you have opened [ 1 ] an report, deposition money into your VirWoX history ( on the “ Deposit ” page ) using one of the payment methods in the postpone below :
|Payment Processor||USD||EUR||GBP||CHF||Limit|| Fees
|PayPal||Yes||Yes||Yes||Yes||variable (see “Limits”)||EUR 0.35 + 3.4%|
|Credit/Debit Cards (Moneybookers)||Yes||Yes||Yes||No||variable (see “Limits”)|| EUR 0.39 + 3.5%
|SOFORTbanking / Sofortüberweisung||No||Yes||No||No||variable (see “Limits”)|| 2.5% (min. EUR 0.25)
then you need to enter an order to sell your money ( e.g. USD ) for SLL ( =Linden Dollars ), e.g. on the “ Exchange USD/SLL ” page. adjacent, buy BTC on the “ Exchange BTC/SLL ” page. Depending on the character of order ( Market or Limit ), this will convert the Linden Dollars to BTC immediately or at some late time [ 2 ]. last use the “ Withdraw ” page to send the BTC to a Bitcoin address. You can besides use VirWoX as a eWallet and keep your BTC there for later use. Full details of the process can be found on dedicate web site VirWoX.
Read more: Coin rotation paradox – Wikipedia
How to sell bitcoins
After your have opened [ 3 ] an report, go to the “ Deposit ” page, scroll down to the “ Bitcoin ” section and click on the “ Create my Bitcoin address ” button. This will create a alone bitcoin address associated with your account. You then send the bitcoins you wish to sell to this address. a soon as the bitcoin network has confirmed the requital ( 5 blocks ), the bitcoins are booked to your report, and an electronic mail is sent to you .
For Linden Dollars
To central bitcoins to Linden Dollars, go to the page “ Exchange BTC/SLL ”, and enter an order to sell your bitcoins. Depending on your order ( Market or Limit ), this will be executed immediately or at some late time. You may then withdraw the Linden Dollars to your second Life avatar or continue as described below .
For other currencies ( USD, EUR, etc. )
technically, VirWoX only supports to sell BTC for Linden Dollars. however, you can first do that ( as described above ) and then buy some real-world cash for your Linden Dollars. It is not necessity to open a moment Life account to do this. equitable go to the represent rally page ( e.g. USD/SLL for USD, EUR/SLL for EUR ), and buy the real-world currentness for the Linden Dollars. then proceed to the “ bow out ” page and send the money using one of the supported secession methods :
|Bank Wire||Yes||Yes||Yes||Yes||2-3 days||unlimited||1 EUR (if from EU in EUR)|
|PayPal||Yes||Yes||Yes||Yes||instant||2500 EUR/day||1 EUR/USD/GBP/CHF|
|Skrill/Moneybookers||Yes||Yes||Yes||No||instant||2500 EUR/day|| 1 EUR/USD/GBP/CHF
VirWoX charges 50 SLL ( presently about $ 0.20 ) plus 3.9 % for BTC/SLL commercialize orders. The fee for limit orders depends on the previous trade bulk of the account, and varies between 0.78 % and 3.9 % [ 4 ].
VirWoX charges 0.0005 BTC for BTC withdrawals. Deposits in BTC are free .
Limits and Restrictions
Because of the risks involved, VirWoX restricts deposits via PayPal and Moneybookers ( i.e. Credit/Debit Cards ) depending on the long time of the account. As of July 1, 2018, there are the following limit tiers :
|PayPal/Moneybookers Limit Tier||Per 24 hours||Per 30 days|
|0 – Upon Registration||90 EUR||270 EUR|
|1 – After 10 Days||120 EUR||900 EUR|
|2 – After 30 Days||200 EUR||2,000 EUR|
|3 – After 60 Days||400 EUR||5,000 EUR|
|4 – By Request Only||1,000 EUR||15,000 EUR|
For security reasons some bitcoin withdrawals ( in particular of newfangled accounts ) are subject to a delay and manual review. specifically, the first coitus interruptus of bitcoins paid for using PayPal, or recognition wag is delayed by up to 48 hours .